UK PMI services finalized at 47.1, worst phase of downturn has passed

<p>UK PMI Services was finalized at 47.1 in June, sharply higher from May’s 29.0. PMI Composite rose to 47.7, also sharply higher from May’s 30.0, hitting a four-month high. Tim Moore, Economics Director at IHS Markit: “June data highlights that the worst phase of the service sector downturn has passed as more businesses start to […]</p>
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